Category: Value-based spending

Your Largest Expense: Taxes – RSP’s and TFSA’s for Canadians

When the average person is asked what their three largest expenses are, they probably say Housing, Transportation, and Food.  What a lot of people miss is the fact that their single largest expense may be tax.  Especially when you add it all up – federal income tax, provincial income tax, sales tax, capital gain tax, […]

Financial Coaching the Average Canadian Household (Part 2 of 6)

This is the second post in a series of six that walks through a theoretical exercise of coaching the “Average Canadian Household” to improve their financial situation.  In the first post, we did a deep dive in to the Average Canadian Household’s finances – looking at their income, expenses, and net worth. In my coaching program, […]

Ideas to Reduce Transportation Expenses

After taxes and housing, transportation is generally up there on the list of significant household expenses.  Similar to some other parts of my life, I took an unconventional approach to optimize my transportation expenses.  I’ve detailed this below, not for people to use as a guide, but more to share my experience and how this […]